Williams Companies, Inc. (The) $WMB Holdings Raised by Saudi Central Bank

Saudi Central Bank raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 89.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 85,600 shares of the pipeline company’s stock after buying an additional 40,523 shares during the period. Saudi Central Bank’s holdings in Williams Companies were worth $6,364,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Brighton Jones LLC increased its position in Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Williams Companies by 5.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after purchasing an additional 242 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Williams Companies by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after buying an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in shares of Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after buying an additional 296 shares in the last quarter. Finally, Ieq Capital LLC grew its stake in shares of Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after buying an additional 101,574 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on WMB shares. Morgan Stanley increased their price objective on Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $82.00 target price on shares of Williams Companies in a research report on Tuesday, July 14th. Royal Bank Of Canada increased their price target on shares of Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $85.60.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $74.17 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The firm has a market cap of $90.72 billion, a price-to-earnings ratio of 29.55, a P/E/G ratio of 1.54 and a beta of 0.59. The business’s 50-day simple moving average is $73.30 and its 200-day simple moving average is $73.49. Williams Companies, Inc. has a 52 week low of $56.08 and a 52 week high of $80.07.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Wilson sold 2,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total transaction of $151,120.00. Following the completion of the sale, the senior vice president directly owned 264,259 shares of the company’s stock, valued at approximately $19,967,410.04. This represents a 0.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 19,000 shares of company stock valued at $1,414,050 in the last ninety days. 0.47% of the stock is currently owned by insiders.

Williams Companies Company Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.